Comments on: I picked up Interactive Broker IPO shares http://www.1stMillionAt33.com/2007/05/i-picked-up-interactive-broker-ipo-shares/ A site to share my tips, tools, and humble thoughts on the journey to wealth Tue, 27 Jul 2010 22:24:37 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Frugal http://www.1stMillionAt33.com/2007/05/i-picked-up-interactive-broker-ipo-shares/comment-page-1/#comment-2836 Frugal Tue, 08 May 2007 14:19:11 +0000 http://www.1stMillionAt33.com/2007/05/i-picked-up-interactive-broker-ipo-shares/#comment-2836 This is my short-term trade not working out. It could be a long term holding, except not at this price. I guess I should have sold it the first day. Unfortunately, I don't have time to watch/trade the market all day long. This is my short-term trade not working out. It could be a long term holding, except not at this price. I guess I should have sold it the first day. Unfortunately, I don’t have time to watch/trade the market all day long.

]]> By: Jason http://www.1stMillionAt33.com/2007/05/i-picked-up-interactive-broker-ipo-shares/comment-page-1/#comment-2822 Jason Mon, 07 May 2007 02:23:24 +0000 http://www.1stMillionAt33.com/2007/05/i-picked-up-interactive-broker-ipo-shares/#comment-2822 Some very good tips can be found here, thanks. http://www.volkskrantblog.nl/blog/3294 Some very good tips can be found here, thanks.

http://www.volkskrantblog.nl/blog/3294

]]> By: pfstock http://www.1stMillionAt33.com/2007/05/i-picked-up-interactive-broker-ipo-shares/comment-page-1/#comment-2821 pfstock Sun, 06 May 2007 21:24:16 +0000 http://www.1stMillionAt33.com/2007/05/i-picked-up-interactive-broker-ipo-shares/#comment-2821 Actually, I read an article on MarketWatch that said the clearing price (as defined in the prospectus) was $33 for IBKR. The IPO managers made the decision to make the offering price for IBKR lower, at $30.01 per share. I put in an order for 800 shares (at $31 and above) through E*TRADE, but was allocated only 400 shares. The broker's policy is to do a random allocation when there aren't enough shares to go around. I wonder if any individual got allocated more than 500 shares of IBKR in total. Actually, I read an article on MarketWatch that said the clearing price (as defined in the prospectus) was $33 for IBKR. The IPO managers made the decision to make the offering price for IBKR lower, at $30.01 per share.

I put in an order for 800 shares (at $31 and above) through E*TRADE, but was allocated only 400 shares. The broker’s policy is to do a random allocation when there aren’t enough shares to go around. I wonder if any individual got allocated more than 500 shares of IBKR in total.

]]> By: WallStreetMatador http://www.1stMillionAt33.com/2007/05/i-picked-up-interactive-broker-ipo-shares/comment-page-1/#comment-2818 WallStreetMatador Sat, 05 May 2007 09:51:52 +0000 http://www.1stMillionAt33.com/2007/05/i-picked-up-interactive-broker-ipo-shares/#comment-2818 I was able to get some pre IPO shares as well but I dropped them after the stock only popped 10% during the first hour of active trading. I was able to get some pre IPO shares as well but I dropped them after the stock only popped 10% during the first hour of active trading.

]]> By: James http://www.1stMillionAt33.com/2007/05/i-picked-up-interactive-broker-ipo-shares/comment-page-1/#comment-2816 James Fri, 04 May 2007 20:56:51 +0000 http://www.1stMillionAt33.com/2007/05/i-picked-up-interactive-broker-ipo-shares/#comment-2816 Hey 1st Million, I've been reading your blog for a while and I feel you've shown a strong track record of picking good stocks. Brokerage firms are already quite compeditive, why did you pick IBKR? Best, James Hey 1st Million,

I’ve been reading your blog for a while and I feel you’ve shown a strong track record of picking good stocks. Brokerage firms are already quite compeditive, why did you pick IBKR?

Best,

James

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